Committee Composition

Ms. Gaddis has served as a member of our board of directors since February 2014. Ms. Gaddis has served as founder and Chief Executive Officer of T3, the largest advertising agency wholly owned by a woman, since March 1989. Prior to that, Ms. Gaddis has served as a Copywriter for The Richards Group, as Public Relations Director for Baylor University Medical Center, and as Marketing Director for Leadership Dynamics, a national management consulting firm. Ms. Gaddis serves as the Chair of the Board of the not-for-profit, Committee of 200 (C200) the preeminent global women's business organization. She also serves on the advisory board of Womensphere, and the first woman Chair of the Texas Business Leadership Council. Ms. Gaddis was appointed by the governor of Texas to the board of directors of the Lower Colorado River Authority, a $4 billion entity that produces electricity and manages water in 58 Texas counties, where she previously served a six-year term. Ms. Gaddis has previously served on several not-for-profit boards, including Helping Hand Home for Children, Salvation Army, Headliners Club, First United Methodist Church Preschool and the Arthritis Foundation. Ms. Gaddis is a frequent contributor to Forbes, Bloomberg and the Fortune Most Powerful Women Insider Network, and has been named as one of Fast Company's Top 25 Women Business Builders, Inc. Magazine's Top 10 Entrepreneurs of the Year, iMedia's Top 10 Hottest Digital Marketers, Working Mother's magazine 25 Advertising Working Mothers of the year and most recently, EY’s “Entrepreneur of the Year” for the Central Texas region. In 2011, Ms. Gaddis won the Austin Business Journal's Best CEO Award for a medium-sized company. Ms. Gaddis holds a bachelor's degree in fine arts from the University of Texas, Austin.

Roger J. Heinen, Jr.

Roger J. Heinen, Jr. Mr. Heinen has served as a member of our board of directors since September 2006. Mr. Heinen served as a director of Progress Software Corporation from April 1999 until May 2010. From January 1993 until March 1996, he was a Senior Vice President in the Developer Division of Microsoft Corporation. From December 1989 until January 1993, he served as Senior Vice President of Apple Computer's Software Division. Mr. Heinen received a bachelor's degree in computer science from Worcester Polytechnic Institute, a S.E.P. from Stanford University, and a PhD, Hon. from Worcester Polytechnic Institute.

Pamela F. Lenehan

Director since 2006

With 20+ years on Wall Street as an investment banker, Pam is well-versed in strategy, M&A, and financing. She’s been a public company officer, a high-tech start-up CFO, and has extensive board experience. Other key strengths and experience Pam brings to the Monotype Board include:

Years of financial experience which inform her seat on our audit committee, serving as one of our two “audit committee financial experts” as defined under the Exchange Act and the applicable rules of the NASDAQ Global Select Market and a deep understanding of executive compensation issues in knowledge-based industries, which she applies in her role as chair of the management development and compensation committee.

Experience serving as president of Ridge Hill Consulting, LLC, a strategy consulting firm, since June 2002.

Service on the board of directors of Civitas Solutions, Inc., a provider of services for individuals with intellectual and developmental disabilities and acquired brain injury, since December 2008 and as the audit committee chair since January 2009; and on the board of American Superconductor Corporation, which offers technology and solutions for clean energy, since March 2011 and the audit committee chair, since August 2011; she was a member of the board, the audit committee, and chair of the compensation committee for Spartech Corporation, from December 2004 to March 2013 when it was acquired by PolyOne Corporation.

She has a Masters Professional Director Certification from the American College of Corporate Directors, a BA in mathematical economics from Brown University, and an MA in economics from Brown University.

Robert L. Lentz

Mr. Lentz has served as a member of our board of directors since August 2008. Mr. Lentz sits on the board of directors for Northern Power Systems Corporation, a next generation renewable energy technology provider. Mr. Lentz has served as an independent consultant since March 2009 and served as the interim Chief Executive Officer of Digital Reef, Inc. from July 2009 until March 2001. Prior to that, he served as President and Chief Executive Officer of Permission TV, Inc., an online video platform provider from September 2006 to March 2010. From September 2003 to September 2006, he was the Senior Vice President of Operations and Chief Financial Officer of OATSystems, Inc., a provider of radio-frequency identification (RFID) software for supply chain management systems, which was acquired by Checkpoint Software Technologies Ltd. Prior to that, he was Senior Vice President, Operations and Chief Financial Officer of eRoom Technology, a supplier of web-based collaborative workspace solutions, which was acquired by Documentum, Inc. Mr. Lentz was a certified public accountant and holds a bachelor's degree from Northeastern University in business administration and a master's degree from Babson College in business administration.

Peter J. Simone

Peter J. Simone. Mr. Simone has served as a member of our board of directors since March 2006. Mr. Simone serves on the board of directors of Newport Corporation, a technology supplier to several industries including microelectronics manufacturing and communications; Veeco Instruments, Inc., an equipment developer and supplier to various industries including data storage and semiconductors; Cymer, Inc., a supplier of excimer light sources; and Inphi Corporation, a provider of analog semiconductor solutions for the communications and computing markets. Mr. Simone is also a member of the board of directors of several private technology companies and is vice president of the board of Walker Home and School for Children. Mr. Simone has served as an investment consultant and as a consultant to numerous private companies since February 2001. From June 2001 to December 2002, Mr. Simone was Executive Chairman of SpeedFam-IPEC, Inc., a semiconductor equipment company which was acquired by Novellus Systems, Inc. From February 2000 until February 2001, he served as a director and President of Active Controls Experts, Inc. He served as President, Chief Executive Officer and director of Xionics Document Technologies, Inc. from April 1997 until Xionics' acquisition by Oak Technology, Inc., in January 2000. Mr. Simone holds a bachelor's degree in accounting from Bentley University and a master's degree in business administration from Babson College.

Timothy B. Yeaton

Timothy B. Yeaton, president and chief executive officer of Black Duck Software, has served as a member of our board of directors since July 2012. Yeaton joined Black Duck Software, a leading global provider of strategy, products and services for enabling enterprise scale adoption of open source software, in 2009. Prior to Black Duck, Yeaton served as chief marketing officer at EqualLogic until its acquisition by Dell (Nasdaq: DELL) in 2008. Yeaton also spent several years at Red Hat (NYSE: RHT), a leading provider of open source software solutions, as senior vice president of worldwide marketing and general manager of Enterprise Solutions. Yeaton was also chief executive officer of Avaki, a venture-backed data management software company acquired by Sybase (NYSE: SAP), and he was senior vice president and general manager of the Server Products Division at Macromedia (Nasdaq: ADBE), via its acquisition of Allaire where he was senior vice president of Products. Yeaton spent the early part of his career at Compaq and Digital Equipment Corp. In addition to Monotype and Black Duck, Yeaton sits on the board of directors of Actuate Corp. (Nasdaq: BIRT) and serves on the Roger Williams University board of trustees.

Commitee Composition

Roger J. Heinen, Jr. Mr. Heinen has served as a member of our board of directors since September 2006. Mr. Heinen served as a director of Progress Software Corporation from April 1999 until May 2010. From January 1993 until March 1996, he was a Senior Vice President in the Developer Division of Microsoft Corporation. From December 1989 until January 1993, he served as Senior Vice President of Apple Computer's Software Division. Mr. Heinen received a bachelor's degree in computer science from Worcester Polytechnic Institute, a S.E.P. from Stanford University, and a PhD, Hon. from Worcester Polytechnic Institute.

Pamela F. Lenehan

Director since 2006

With 20+ years on Wall Street as an investment banker, Pam is well-versed in strategy, M&A, and financing. She’s been a public company officer, a high-tech start-up CFO, and has extensive board experience. Other key strengths and experience Pam brings to the Monotype Board include:

Years of financial experience which inform her seat on our audit committee, serving as one of our two “audit committee financial experts” as defined under the Exchange Act and the applicable rules of the NASDAQ Global Select Market and a deep understanding of executive compensation issues in knowledge-based industries, which she applies in her role as chair of the management development and compensation committee.

Experience serving as president of Ridge Hill Consulting, LLC, a strategy consulting firm, since June 2002.

Service on the board of directors of Civitas Solutions, Inc., a provider of services for individuals with intellectual and developmental disabilities and acquired brain injury, since December 2008 and as the audit committee chair since January 2009; and on the board of American Superconductor Corporation, which offers technology and solutions for clean energy, since March 2011 and the audit committee chair, since August 2011; she was a member of the board, the audit committee, and chair of the compensation committee for Spartech Corporation, from December 2004 to March 2013 when it was acquired by PolyOne Corporation.

She has a Masters Professional Director Certification from the American College of Corporate Directors, a BA in mathematical economics from Brown University, and an MA in economics from Brown University.

Peter J. Simone

Peter J. Simone. Mr. Simone has served as a member of our board of directors since March 2006. Mr. Simone serves on the board of directors of Newport Corporation, a technology supplier to several industries including microelectronics manufacturing and communications; Veeco Instruments, Inc., an equipment developer and supplier to various industries including data storage and semiconductors; Cymer, Inc., a supplier of excimer light sources; and Inphi Corporation, a provider of analog semiconductor solutions for the communications and computing markets. Mr. Simone is also a member of the board of directors of several private technology companies and is vice president of the board of Walker Home and School for Children. Mr. Simone has served as an investment consultant and as a consultant to numerous private companies since February 2001. From June 2001 to December 2002, Mr. Simone was Executive Chairman of SpeedFam-IPEC, Inc., a semiconductor equipment company which was acquired by Novellus Systems, Inc. From February 2000 until February 2001, he served as a director and President of Active Controls Experts, Inc. He served as President, Chief Executive Officer and director of Xionics Document Technologies, Inc. from April 1997 until Xionics' acquisition by Oak Technology, Inc., in January 2000. Mr. Simone holds a bachelor's degree in accounting from Bentley University and a master's degree in business administration from Babson College.

Timothy B. Yeaton, president and chief executive officer of Black Duck Software, has served as a member of our board of directors since July 2012. Yeaton joined Black Duck Software, a leading global provider of strategy, products and services for enabling enterprise scale adoption of open source software, in 2009. Prior to Black Duck, Yeaton served as chief marketing officer at EqualLogic until its acquisition by Dell (Nasdaq: DELL) in 2008. Yeaton also spent several years at Red Hat (NYSE: RHT), a leading provider of open source software solutions, as senior vice president of worldwide marketing and general manager of Enterprise Solutions. Yeaton was also chief executive officer of Avaki, a venture-backed data management software company acquired by Sybase (NYSE: SAP), and he was senior vice president and general manager of the Server Products Division at Macromedia (Nasdaq: ADBE), via its acquisition of Allaire where he was senior vice president of Products. Yeaton spent the early part of his career at Compaq and Digital Equipment Corp. In addition to Monotype and Black Duck, Yeaton sits on the board of directors of Actuate Corp. (Nasdaq: BIRT) and serves on the Roger Williams University board of trustees.

Peter J. Simone

Peter J. Simone. Mr. Simone has served as a member of our board of directors since March 2006. Mr. Simone serves on the board of directors of Newport Corporation, a technology supplier to several industries including microelectronics manufacturing and communications; Veeco Instruments, Inc., an equipment developer and supplier to various industries including data storage and semiconductors; Cymer, Inc., a supplier of excimer light sources; and Inphi Corporation, a provider of analog semiconductor solutions for the communications and computing markets. Mr. Simone is also a member of the board of directors of several private technology companies and is vice president of the board of Walker Home and School for Children. Mr. Simone has served as an investment consultant and as a consultant to numerous private companies since February 2001. From June 2001 to December 2002, Mr. Simone was Executive Chairman of SpeedFam-IPEC, Inc., a semiconductor equipment company which was acquired by Novellus Systems, Inc. From February 2000 until February 2001, he served as a director and President of Active Controls Experts, Inc. He served as President, Chief Executive Officer and director of Xionics Document Technologies, Inc. from April 1997 until Xionics' acquisition by Oak Technology, Inc., in January 2000. Mr. Simone holds a bachelor's degree in accounting from Bentley University and a master's degree in business administration from Babson College.

Gay W. Gaddis

Ms. Gaddis has served as a member of our board of directors since February 2014. Ms. Gaddis has served as founder and Chief Executive Officer of T3, the largest advertising agency wholly owned by a woman, since March 1989. Prior to that, Ms. Gaddis has served as a Copywriter for The Richards Group, as Public Relations Director for Baylor University Medical Center, and as Marketing Director for Leadership Dynamics, a national management consulting firm. Ms. Gaddis serves as the Chair of the Board of the not-for-profit, Committee of 200 (C200) the preeminent global women's business organization. She also serves on the advisory board of Womensphere, and the first woman Chair of the Texas Business Leadership Council. Ms. Gaddis was appointed by the governor of Texas to the board of directors of the Lower Colorado River Authority, a $4 billion entity that produces electricity and manages water in 58 Texas counties, where she previously served a six-year term. Ms. Gaddis has previously served on several not-for-profit boards, including Helping Hand Home for Children, Salvation Army, Headliners Club, First United Methodist Church Preschool and the Arthritis Foundation. Ms. Gaddis is a frequent contributor to Forbes, Bloomberg and the Fortune Most Powerful Women Insider Network, and has been named as one of Fast Company's Top 25 Women Business Builders, Inc. Magazine's Top 10 Entrepreneurs of the Year, iMedia's Top 10 Hottest Digital Marketers, Working Mother's magazine 25 Advertising Working Mothers of the year and most recently, EY’s “Entrepreneur of the Year” for the Central Texas region. In 2011, Ms. Gaddis won the Austin Business Journal's Best CEO Award for a medium-sized company. Ms. Gaddis holds a bachelor's degree in fine arts from the University of Texas, Austin.

Ms. Gaddis has served as a member of our board of directors since February 2014. Ms. Gaddis has served as founder and Chief Executive Officer of T3, the largest advertising agency wholly owned by a woman, since March 1989. Prior to that, Ms. Gaddis has served as a Copywriter for The Richards Group, as Public Relations Director for Baylor University Medical Center, and as Marketing Director for Leadership Dynamics, a national management consulting firm. Ms. Gaddis serves as the Chair of the Board of the not-for-profit, Committee of 200 (C200) the preeminent global women's business organization. She also serves on the advisory board of Womensphere, and the first woman Chair of the Texas Business Leadership Council. Ms. Gaddis was appointed by the governor of Texas to the board of directors of the Lower Colorado River Authority, a $4 billion entity that produces electricity and manages water in 58 Texas counties, where she previously served a six-year term. Ms. Gaddis has previously served on several not-for-profit boards, including Helping Hand Home for Children, Salvation Army, Headliners Club, First United Methodist Church Preschool and the Arthritis Foundation. Ms. Gaddis is a frequent contributor to Forbes, Bloomberg and the Fortune Most Powerful Women Insider Network, and has been named as one of Fast Company's Top 25 Women Business Builders, Inc. Magazine's Top 10 Entrepreneurs of the Year, iMedia's Top 10 Hottest Digital Marketers, Working Mother's magazine 25 Advertising Working Mothers of the year and most recently, EY’s “Entrepreneur of the Year” for the Central Texas region. In 2011, Ms. Gaddis won the Austin Business Journal's Best CEO Award for a medium-sized company. Ms. Gaddis holds a bachelor's degree in fine arts from the University of Texas, Austin.

Roger J. Heinen, Jr.

Roger J. Heinen, Jr. Mr. Heinen has served as a member of our board of directors since September 2006. Mr. Heinen served as a director of Progress Software Corporation from April 1999 until May 2010. From January 1993 until March 1996, he was a Senior Vice President in the Developer Division of Microsoft Corporation. From December 1989 until January 1993, he served as Senior Vice President of Apple Computer's Software Division. Mr. Heinen received a bachelor's degree in computer science from Worcester Polytechnic Institute, a S.E.P. from Stanford University, and a PhD, Hon. from Worcester Polytechnic Institute.

Pamela F. Lenehan

Director since 2006

With 20+ years on Wall Street as an investment banker, Pam is well-versed in strategy, M&A, and financing. She’s been a public company officer, a high-tech start-up CFO, and has extensive board experience. Other key strengths and experience Pam brings to the Monotype Board include:

Years of financial experience which inform her seat on our audit committee, serving as one of our two “audit committee financial experts” as defined under the Exchange Act and the applicable rules of the NASDAQ Global Select Market and a deep understanding of executive compensation issues in knowledge-based industries, which she applies in her role as chair of the management development and compensation committee.

Experience serving as president of Ridge Hill Consulting, LLC, a strategy consulting firm, since June 2002.

Service on the board of directors of Civitas Solutions, Inc., a provider of services for individuals with intellectual and developmental disabilities and acquired brain injury, since December 2008 and as the audit committee chair since January 2009; and on the board of American Superconductor Corporation, which offers technology and solutions for clean energy, since March 2011 and the audit committee chair, since August 2011; she was a member of the board, the audit committee, and chair of the compensation committee for Spartech Corporation, from December 2004 to March 2013 when it was acquired by PolyOne Corporation.

She has a Masters Professional Director Certification from the American College of Corporate Directors, a BA in mathematical economics from Brown University, and an MA in economics from Brown University.

Timothy B. Yeaton

Timothy B. Yeaton, president and chief executive officer of Black Duck Software, has served as a member of our board of directors since July 2012. Yeaton joined Black Duck Software, a leading global provider of strategy, products and services for enabling enterprise scale adoption of open source software, in 2009. Prior to Black Duck, Yeaton served as chief marketing officer at EqualLogic until its acquisition by Dell (Nasdaq: DELL) in 2008. Yeaton also spent several years at Red Hat (NYSE: RHT), a leading provider of open source software solutions, as senior vice president of worldwide marketing and general manager of Enterprise Solutions. Yeaton was also chief executive officer of Avaki, a venture-backed data management software company acquired by Sybase (NYSE: SAP), and he was senior vice president and general manager of the Server Products Division at Macromedia (Nasdaq: ADBE), via its acquisition of Allaire where he was senior vice president of Products. Yeaton spent the early part of his career at Compaq and Digital Equipment Corp. In addition to Monotype and Black Duck, Yeaton sits on the board of directors of Actuate Corp. (Nasdaq: BIRT) and serves on the Roger Williams University board of trustees.